The cost of eliminating fossil fuels: $420 billion

Scientific American offers up a 40-year, $420 billion plan to wean America off of fossil fuels.

The federal government would have to invest more than $400 billion over the next 40 years to complete the 2050 plan. That investment is substantial, but the payoff is greater. Solar plants consume little or no fuel, saving billions of dollars year after year. The infrastructure would displace 300 large coal-fired power plants and 300 more large natural gas plants and all the fuels they consume. The plan would effectively eliminate all imported oil, fundamentally cutting U.S. trade deficits and easing political tension in the Middle East and elsewhere.

Gristmill points out the pricetag is less than a single year of U.S. military funding.

The main problem with this plan is that it take 40 years to implement -- in fact, it could be done more quickly if we're willing to spend more money.

Isn't this idea worth a national discussion?

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